Jonathan Andic temporarily leaves all his positions at Mango
The son of the multinational's founder, accused of his father's homicide, will maintain responsibilities in "family, business, and social projects"
BarcelonaJonathan Andic, son of the founder of Mango and until now vice president of the Catalan fashion multinational, is temporarily leaving his positions at the company to focus on his defense. Andic's temporary withdrawal comes a week after the Mossos d'Esquadra arrested him, accused of the homicide of his father, Isak Andic, who died in Collbató in December 2024. The eldest son of Mango's founder, who avoided provisional prison after paying a one million euro bail, has sent an open letter to the staff in which he defends his innocence and expresses his "frustration" with the situation he finds himself in.
In the letter, he highlights: "The attention and focus that my defense in the judicial process requires at this time does not allow me to maintain the high commitment that my role in the company demands." He adds: "For this reason, and out of responsibility, I have decided to temporarily step away from my dedication to Mango." Although he is currently leaving his responsibilities at the company, Andic will maintain "the connection with other family, business, and social projects."
"I am writing these words with sincerity and humility, with the pain, helplessness, and frustration of facing an account of alleged guilt that does not reflect reality," begins the letter sent to the company's staff. According to the son of Mango's founder, the loss of his father occurred "in profoundly painful circumstances" for him, for the family, and for those close to them, and now, "to that grief has been added the fact of having to live with the most serious, unjust, and unfounded accusation that can fall upon a person."
"I want to express, from the heart, that I have loved and deeply love my loved ones and, in a very special way, my father, with whom I lived many happy, endearing and affectionate moments," Andic adds to the document. The now former vice-president of the fashion multinational assures that, "as happens in so many families," he and his father also went through "difficult and complex times," but makes it clear that they "overcame them with great effort, generosity and help." "The love, respect and bond that we have always felt are part of our family's DNA," Andic concludes in the letter.
For its part, the company's management has also sent a statement to the staff in which the president and CEO, Toni Ruiz, conveys to Jonathan Andic his "utmost respect, understanding, and support". Furthermore, in the note, Ruiz reinforces "the relevance" of Mango's business project and states that "the company is at the best moment in its history".
Shareholder support
The group's main executive recalls that the company has "the full support and long-term vision of the shareholders, a clear, unique and differential strategy, and a corporate governance model aligned with the highest standards." The company earned 242 million euros last year, the first full fiscal year without the founder, thanks to a turnover of close to 3.8 billion. And this year it aims to reach sales of 4 billion.
The rest of the board of directors unanimously subscribes "Toni Ruiz's words and joins the Andic family in their support for Jonathan." They also express their "full conviction that the judicial process will be resolved favorably," and trust that "this will happen as soon as possible."
The company has clearly separated the functions of ownership and management of the company. In addition to Toni Ruiz as chairman and CEO, holder of 5% of the group's shares, and Jonathan Andic as vice-chairman – a position he is now temporarily leaving –, the company's board includes relevant and prominent figures from the business world, such as Manel Adell, former general manager of Desigual; H&M's former CEO Helena Helmersson; Marc Puig (chairman of Puig Brands); Jordi Canals (former dean of Iese); Jordi Constans (former CEO of Louis Vuitton), and Jorge Lucaya (founder and CEO of AZ Capital), in addition to executive board members Daniel López, responsible for store expansion, and Margarita Salvans, finance director.
On the ownership side, Jonathan chairs Punta Na Hólding, the family's holding company, and MNG Holding, which owns 95% of Mango. His sisters Sarah – who also chairs the real estate company – and Judith are vice-chairwomen of MNG Holding. The three siblings are present in all three companies. The inheritance, formalized last summer, confirmed an equal division of the fortune among the three children.